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About Food and Beverage Metal Can

Metal can packaging helps in the storage and distribution of food and beverage in metal cans. The benefits offered by metal can packaging, such as increased shelf life, UV ray resistance, recycling property, moisture and flavor retention, and ease of shipping, have resulted in its growing adoption across industries. Food, when packed using metal cans retains its nutritional benefits and taste compared with other packaging methods, like plastic and glass packaging. Metal cans are lightweight when compared with glass packaging.

The analysts forecast the food and beverage metal can market in North America to decline at a CAGR of (1.62%) during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the food and beverage metal can market in North America for 2017-2021. To calculate the market size, the report considers the volume of metal cans sold by vendors in different product categories like beverage and food in North America.

The market is divided into the following segments based on geography:

Canada

Mexico

US

The report, Food and Beverage Metal Can Market in North America 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Amcor

Ardagh Group

Ball Corporation

Crown Holdings

Silgan Holdings

Other prominent vendors

Allstate Can

Anheuser-Busch

BWAY

CCL Container

Exal Corporation

Independent Can Company

J.L. Clark

Sonoco Products

Market drivers

Convenience and ease of use

For a full, detailed list, view the full report

Market challenges

Fluctuation in raw material prices

For a full, detailed list, view the full report

Market trends

Sustainable packaging

For a full, detailed list, view the full report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

FEATURED COMPANIES

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New Report Released: - Food and Beverage Metal Can Market in North America 2017-2021

The author of the report recognizes the following companies as the key players in the food and beverage metal can market in North America: Amcor, Ardagh Group, Ball Corporation, Crown Holdings, and Silgan Holdings.

Commenting on the report, an analyst from the research team said: “One trend in the market is sustainable packaging. Vendors are focusing on developing metal cans that are sustainable and environment-friendly. They have started adopting aluminum and steel as raw materials due to their high recyclability rate compared with other metals. The production of recycled cans saves 55%-95% of the energy, decreases water usage by more than 10%, and replaces the can in the shelf within 60 days of recycling.”

According to the report, one driver in the market is convenience and ease of use. The demand for metal cans has grown because of the lifestyle of people in North America. People are busy with their hectic schedules, which gives them less time for cooking and preliminary preparations. In addition, they prefer nutritious food that is ready-to-eat and can be prepared easily. Canned food serves this purpose by providing convenient packaging and ready-to-use food items. Canned food usually includes vegetables, fruits, meat, and fish, which have high nutritional benefits. Hence, the rising demand for convenient, nutritious food has driven the demand for canned food, in turn, leading to the growth of the food and beverage metal market in North America.

Further, the report states that one challenge in the market is fluctuation in raw material prices. The food and beverage metal can market in North America is reaching a saturated state owing to the stable demand and increased competition in the region. Therefore, the major factor deciding the price of metal cans are the raw materials used for their production. The price for raw materials keeps fluctuating due to various factors. The proportion of the cost incurred for raw materials must be passed over to the customers. However, volatility of raw materials makes it difficult to adjust the price of the final product and draw profitable margins.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.